Chris Carmosino joined Gordon Brothers as president of Valuations. Carmosino succeeded the retiring Rick Schmitt, who assumed leadership of the group in 2015 following Gordon Brothers’ acquisition of AccuVal, an industrial appraisal company Schmitt founded and led for 30 years.

Carmosino has more than 30 years of commercial banking experience and joins the firm from Citizens Business Capital where he led the asset-based lending unit.

“As a long-time leader in the asset-based lending industry, Chris is uniquely positioned to understand the needs of our clients and evolve the business,” said Ken Frieze, CEO of Gordon Brothers. “I look forward to his leadership, as we continue to grow our valuation practice across our industry-leading platform”.

“It’s an honor to join such a well-respected firm,” Carmosino said. “I look forward to working with a first-class team, building on Gordon Brothers’ strong heritage of asset valuation and disposition, and continuing to provide the market leading insight lenders rely on.”